J. SAINSBURY TO HIKE U.S. SHARE; WON'T SELL SHAW'S

LONDON (FNS) -- J. Sainsbury plc here is sticking with the United States and plans to increase its market share.There have been reports for the last several months that Sainsbury, the United Kingdom's second-largest food retailer, might sell Shaw's Supermarkets, East Bridgewater, Mass., which has performed poorly over the last 18 months following a move into Connecticut. The reports were stirred by

LONDON (FNS) -- J. Sainsbury plc here is sticking with the United States and plans to increase its market share.

There have been reports for the last several months that Sainsbury, the United Kingdom's second-largest food retailer, might sell Shaw's Supermarkets, East Bridgewater, Mass., which has performed poorly over the last 18 months following a move into Connecticut. The reports were stirred by Sainsbury's decision to sell its 20% holding in Giant Food, Landover, Md., to Ahold of